Cms Energy (CMS) Capital Expenditures (2009 - 2026)
Cms Energy (CMS) posted Capital Expenditures of $967 million for Q2 2026, up 9.4% from $884 million a year earlier but down 6.9% from the prior quarter.
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Analysis
Cms Energy (CMS) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Cms Energy was $4.06 billion, up 16.1% year-over-year; for FY2025, it came in at $3.82 billion, up 26.7% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- In prior years, Cms Energy's Capital Expenditures was $3.02 billion in FY2024 (-6.2%), $3.22 billion in FY2023 (+35.6%), $2.37 billion in FY2022 (+14.4%) and $2.08 billion in FY2021 (-10.2%).
- Quarterly Capital Expenditures has run from a low of $520 million in Q1 2022 to a high of $1.38 billion in Q2 2023 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last seven quarters, with growth averaging 27.2% over the last seven quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q2 2023, with growth of 143.0%; the weakest was Q2 2024, with a decline of 50.7%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $1.04 billion (Q1 2026), $1.07 billion (Q4 2025) and $978 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 2.78 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 2.95 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 1.26 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 1.08 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | -1.16 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 1.04 Bn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 860.00 Mn |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn | 967.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 967.00 Mn |
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 978.00 Mn |
| Jun 30, 2025 | 884.00 Mn |
| Mar 31, 2025 | 888.00 Mn |
| Dec 31, 2024 | 918.00 Mn |
| Sep 30, 2024 | 806.00 Mn |
| Jun 30, 2024 | 681.00 Mn |
| Mar 31, 2024 | 613.00 Mn |
| Dec 31, 2023 | 608.00 Mn |
| Sep 30, 2023 | 614.00 Mn |
| Jun 30, 2023 | 1.38 Bn |
| Mar 31, 2023 | 617.00 Mn |
| Dec 31, 2022 | 636.00 Mn |
| Sep 30, 2022 | 650.00 Mn |
| Jun 30, 2022 | 568.00 Mn |
| Mar 31, 2022 | 520.00 Mn |
| Dec 31, 2021 | 634.00 Mn |
| Sep 30, 2021 | 564.00 Mn |
API Access
Cms Energy Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();